Dow Takes $1B Urethane Antitrust Verdict To 10th Circ.

Law360, New York (August 23, 2013, 4:01 PM EDT) -- The Dow Chemical Co. on Thursday appealed an amended $1.06 billion judgment entered against it in Kansas federal court to to the Tenth Circuit, arguing the lower court miscalculated the damages in an antitrust class action alleging Dow schemed with BASF Corp., Huntsman International LLC and other rivals to fix the price of urethane.

The appeal came after U.S. District Judge John Lungstrum — who reduced the $1.2 billion judgment against Dow in late July to offset settlements paid out by other defendants to avoid standing...